Hacker Steals US$625 Million From NFT Game

Roughly US$625 million worth of cryptocurrency has been stolen by a hacker from Ronin, the blockchain connected to the popular NFT game, Axie Infinity. Sky Mavis, the developer and operator of both Ronin and Axie Infinity reported that around 173,600 Ethereum (currently worth around US$600 million) and 25.5 million USDC (a cryptocurrency estimat...

Acceptance Of NFTs & The Metaverse Will Continue To Increase In 2022

It seems like almost every company in the video games industry is currently evaluating going into NFTs or the Metaverse. However, the backlash against NFTs and the Metaverse has made their sales and adoption slower than expected. According to statistics provided by a recent report from Newzoo, this will change soon. While many companies have exp...